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Which of the following statements is(are) false? 1) Risk-averse investors reject investments that are fair games. II) Risk-neutral investors judge risky investments only by the

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Which of the following statements is(are) false? 1) Risk-averse investors reject investments that are fair games. II) Risk-neutral investors judge risky investments only by the expected returns. III) Risk-averse investors judge investments only by their riskiness. IV) Risk-loving investors will not engage in fair games. Select one: a. I only b. Il only O c. I and II only O d. II and III only e. III and IV only

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